Pegasystems

Pegasystems, Inc. engages in the development, market, license, and support of software, which allows organizations to build, deploy, and change enterprise applications. Its product Pega Infinity helps connect enterprises to their customers in real-time across channels, streamline business operations, and adapt to meet changing requirements. The company was founded by Alan Trefler in 1983 and is headquartered in Cambridge, MA.

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Pegasystems excels in Q4 2022, poised for growth amid challenges

Pegasystems demonstrates robust financial performance, strategic focus on innovation, and client-centric approach, positioning the company for continued growth and success.
While facing challenges such as vendor consolidation trends and the need for relationship-building in key markets, Pega can leverage opportunities in optimizing sales strategies and expanding market share.
Clear communication on sales reorganization impact, term license dynamics, and strategic direction will be crucial for Pega to maintain investor confidence and capitalize on its strengths and growth potential.

Pegasystems excels in Q1 2023 with strong ACV growth and AI focus

Pegasystems demonstrates robust growth in Q1 2023, emphasizing AI innovation, cloud advancements, and financial discipline. The company faces challenges in subscription transitions and revenue lag but holds opportunities in AI efficiency and market expansion.

Pegasystems reports record cash flow and eyes AI monetization

Pegasystems (PEGA) showcases strong financial performance with record free cash flow and ACV growth, focusing on Rule of 40 balance.
Confidence in AI capabilities and ongoing innovation position Pega well for future growth and enterprise solutions revolution.
Challenges lie in client caution, economic concerns, and revenue strategy optimization, while opportunities abound in AI monetization and sales efficiency enhancements.
Pega's strategic focus on generative AI, Pega Cloud, and customer outcomes sets the stage for continued success and innovation in the market.

Pegasystems reports record cash flow and strong GenAI engagement

Pegasystems reported strong financial performance with record cash flow and double-digit ACV growth, aiming for a Rule of 40 balance between growth and profit.
The company showcased robust GenAI capabilities, engaged with major clients globally, and is focused on modernizing legacy applications and generative AI solutions.
While facing challenges with customer caution on digital transformations and partner exploration of generative AI, Pegasystems is well-positioned to capitalize on opportunities in AI adoption and cloud expansion.
By addressing AI risks, streamlining resources, and emphasizing client support, Pega is poised for continued growth and innovation in the evolving AI landscape.

Pegasystems reports robust 2023 results, eyes AI growth opportunities

Pegasystems' strong financial performance in 2023 and strategic focus on GenAI innovation position the company for continued growth and market leadership.
While facing challenges such as revenue lumpiness and macro uncertainties, Pega's emphasis on operational efficiency and client-centric solutions mitigates risks and drives resilience.
Opportunities in AI demand, go-to-market transformation, and partnership engagement offer avenues for expansion and differentiation in the evolving technology landscape.
Balancing financial metrics, addressing revenue normalization, and leveraging GenAI's potential for autonomous agents underscore Pega's commitment to innovation and sustainable growth.

Pegasystems reports strong Q1 performance, eyes growth through Gen AI

Pegasystems' Q1 2024 earnings call highlighted strong financial performance, successful product launches, and a positive outlook for leveraging Gen AI capabilities.
The company's focus on Pega Cloud gross margins, GenAI Blueprint, and partnerships underscores its commitment to innovation and growth.
Challenges in monetization, ACV bookings, and maintaining margins are balanced by opportunities in partner capabilities, expansion, and automation.
Overall, Pegasystems remains well-positioned to capitalize on the momentum and drive profitability through Gen AI solutions and strategic initiatives.

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READING, United Kingdom, Nov. 22, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, has signed the United Kingdom Armed Forces Covenant. The Covenant, first introduced in 2011, is a promise by the nation ensuring those who serve, or who have served in the armed forces, and their families, are treated fairly.

Pega Signs UK Armed Forces Covenant

CAMBRIDGE, Mass., Nov. 17, 2021 /PRNewswire/ -- Global IT functions are set to go through a period of radical transformation over the next five years, according to new research by Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity.

IT Functions to Undergo Radical Changes Within Next Five Years, Says New Pega Research

CAMBRIDGE, Mass., Nov. 15, 2021 /PRNewswire/ --  Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, today announced it has been recognized by Gartner, Inc. in its 2021 Gartner Critical Capabilities for Enterprise Low-Code Application Platforms (1) and 2021 Gartner Critical Capabilities for Multiexperience Development Platforms (2) reports.

Pega Recognized In Two New Gartner® Critical Capabilities Reports on App Development

CAMBRIDGE, Mass., Nov. 3, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA) today announced a collaboration with Google Cloud that will help improve experiences in healthcare with better data insights and personalization.

Pega Announces Collaboration with Google Cloud to Improve Personalization in Healthcare

Pegasystems Inc. (PEGA) CEO Alan Trefler on Q3 2021 Results - Earnings Call Transcript

CAMBRIDGE, Mass., Oct. 27, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, released its financial results for the third quarter of 2021.

Pega continues accelerated growth through Q3 2021

Pegasystems (NASDAQ:PEGA) is set to give its latest quarterly earnings report on Wednesday, 2021-10-27. Here's what investors need to know before the announcement.

Pegasystems's Earnings Outlook

Pegasystems is a low-profile enterprise software stock, but it's this type of company that will do well in a correcting stock market. Pegasystems addresses large markets in CRM and BPM, expected to top $110 billion in TAM by 2025.

Pegasystems Has Under-Recognized Potential

CAMBRIDGE, Mass., Oct. 13, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, today announced that it will report financial results for the third quarter of 2021 on Wednesday, October 27, 2021, after market close.

Pega to Announce Financial Results for the Third Quarter of 2021 via Conference Call and Webcast

CAMBRIDGE, Mass., Oct. 13, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, announced enhancements to Pega Smart Investigate™ that help enable banks to support the ISO 20022 standard that governs how payment data will be communicated between financial institutions.

Pega Smart Investigate Supports New Global Messaging Standard for Payment Investigations

CAMBRIDGE, Mass., Oct. 7, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, today announced NSW Government has deployed Pega software to help significantly simplify its building bond management process through the newly created Strata Hub.

NSW Government Deploys Pega to Help Speed and Simplify Its Building Bond Management Processes

CAMBRIDGE, Mass., Oct. 5, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, today announced a new survey revealing healthcare consumers have grown more tolerant of missteps from their providers during the pandemic.

New Survey Reveals Patients More Tolerant During Pandemic Even As Challenges in the Healthcare System Persist

CAMBRIDGE, Mass., Sept. 21, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, today announced it has been recognized by Gartner, Inc., which delivers actionable, objective insight to executives and their teams, in its 2021 Gartner Critical Capabilities for Sales Force Automation (1) report.

Pega Recognized as the Highest Ranked Vendor by Gartner® in 2021 Critical Capabilities for Sales Force Automation

CAMBRIDGE, Mass., Sept. 15, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program.

Pegasystems Announces Quarterly Cash Dividend for Fourth Quarter of 2021

Pegasystems reported a particularly strong Q2 last week. Growth in the quarter was reported at 43% and much of the upside dropped to earnings and cash flow.

Pegasystems: GARP For Investors In The Enterprise Software Space

Pegasystems Inc. (PEGA) CEO Alan Trefler on Q2 2021 Results - Earnings Call Transcript

Pegasystems (PEGA) delivered earnings and revenue surprises of 200.00% and 20.76%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Pegasystems (PEGA) Surpasses Q2 Earnings and Revenue Estimates

CAMBRIDGE, Mass. , July 28, 2021 /PRNewswire/ --  Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, released its financial results for the second quarter of 2021.

Pega continues strong first-half momentum through Q2 2021

Accenture Plc

CANBERRA, Australia, July 26, 2021 /PRNewswire/ -- Accenture (NYSE: ACN) and Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, are today announcing the launch of PostingConnect, a new technology platform that helps streamline the Australian Defence Force (ADF)'s relocation process for ADF members including a simple to use mobile app. Each year, nearly 20,000 Australian service members and their families are required to relocate and settle into new homes, schools, and jobs, either interstate or overseas, while simultaneously preparing for the demands of their new role.

Pega and Accenture Join Forces to Help Transform Australian Defence Force Postings

Pegasystems (PEGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Pegasystems (PEGA) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

CAMBRIDGE, Mass., July 14, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, today announced that it will report financial results for the second quarter of 2021 on Wednesday, July 28, 2021, after market close.

Pega to Announce Financial Results for the Second Quarter of 2021 via Conference Call and Webcast

CAMBRIDGE, Mass., June 18, 2021 /PRNewswire/ --  Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, today announced it has been named a Leader in the Gartner Magic Quadrant for the CRM Customer Engagement Center (1) for the 12th consecutive year.

Pegasystems Named a Leader in Gartner Magic Quadrant for the CRM Customer Engagement Center for 12th Consecutive Year

CAMBRIDGE, Mass., June 16, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity at the world's leading enterprises, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program.

Pegasystems Announces Quarterly Cash Dividend for Third Quarter of 2021

Pegasystems has continued a strong year-to-date run, driven by success in its goal of converting into a subscription-oriented company.

Pegasystems: Still Eking Out More Upside

CAMBRIDGE, Mass., June 8, 2021 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, today announced that its Board of Directors has authorized an expansion of the Company's current share repurchase program (the "Current Repurchase Program").

News for Pegasystems Stock (PEGA)